The government designed and implemented the HOME program to increase the amount of affordable housing for U.S citizens, especially those below the national and state<\/a> poverty guidelines. The program has four main objectives:[1]<\/a><\/sup><\/p>\n\n\n\n HOME funds can enable a broad range of eligible activities that provide affordable housing. Nevertheless, HUD specifies eligible activities that all governments can perform to achieve program objectives:[2]<\/a><\/sup><\/p>\n\n\n\n https:\/\/en.wikipedia.org\/wiki\/HOME_Investment_Partnerships_Program<\/em><\/a><\/p>\n<\/blockquote>\n\n\n\n https:\/\/www.theepochtimes.com\/business\/inside-the-major-bill-poised-to-reshape-the-us-housing-market-6040398?utm_source=partner&utm_campaign=TheLibertyDaily<\/a><\/p>\n\n\n By Andrew Moran<\/p>\n\n\n\n The United States is on track to implement the first comprehensive housing legislation in decades.<\/p>\n\n\n\n For the past several years, housing affordability has been a significant subject across the country, with many young people struggling to achieve the dream of homeownership.<\/p>\n\n\n\n Lawmakers on both sides of the aisle have tried to reverse the trend by advancing the 21st Century Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025.<\/p>\n\n\n\n Here is a look inside the sweeping housing package and the path to passage.<\/p>\n\n\n\n While the current administration has examined strategies to expand access to the housing market, the bipartisan legislative initiative aims to bolster supply for middle-class families.<\/p>\n\n\n\n The bill\u2019s main provision is a limit on institutional investors\u2019 purchases of single-family homes.<\/p>\n\n\n\n Both chambers tweaked the proposal.<\/p>\n\n\n\n The Senate approved language that requires major investors who build single\u2011family rental homes to sell those properties within seven years.<\/p>\n\n\n\n The House\u2019s version still aims to rein in Wall Street\u2019s footprint in the single\u2011family market, but its latest draft eases the restrictions.<\/p>\n\n\n\n Lawmakers added wider exemptions for institutional buyers of newly constructed rentals, homes needing substantial renovation, and several other categories.<\/p>\n\n\n\n Other measures aim to facilitate more construction, including incentives to build more homes, convert abandoned buildings into housing, and modernize existing homes.<\/p>\n\n\n\n In addition, Washington bolstered eligible income limits for the HOME Investment Partnerships Program, a federal block-grant program that state and local governments use to build, maintain, and support affordable housing for low\u2011income households.<\/p>\n\n\n\n Officials created a Housing Supply Framework to enable best practices in state and local zoning and land use.<\/p>\n\n\n\n The legislative text also expands banks\u2019 authority to make public\u2011welfare investments supporting affordable housing. The bill raises the cap for banks\u2019 public welfare investments to 20 percent from 15 percent.<\/p>\n\n\n\n Lawmakers removed the permanent chassis requirement for manufactured homes. The long-standing federal rule required that manufactured homes be constructed on a permanent steel frame to qualify under the federal construction code.<\/p>\n\n\n\n It also includes the Modular Housing Production Act and other reforms to streamline the production of factory-built housing.<\/p>\n\n\n\n There was also some focus on the demand side of the equation. For example, the bill establishes incentives for mortgage lenders to originate small-dollar mortgages\u2014typically under $100,000\u2014to address the financing gap for low-cost homes. Additionally, Congress updated rules on appraisal standards and fees for these small-dollar loans.<\/p>\n\n\n\n The 21st Century ROAD to Housing Act includes reforms to Veterans Affairs (VA) housing policies. The major changes include expanding access to VA home loans, improving consumer protections for borrowers, and enhancing housing support for disabled and homeless veterans.<\/p>\n\n\n\n Unlike other pieces of legislation, the housing affordability bill has moved quickly through Congress\u2014something that President Donald Trump had requested.<\/p>\n\n\n\n House Financial Services Committee Chairman French Hill (R-Ark.) introduced legislation in December 2025. Two months later, it passed in the lower chamber by a vote of 390\u20139.<\/p>\n\n\n\n As it arrived in the upper chamber, senators made substitutions rather than take up the House bill. The amended<\/a> legislation passed 89\u201310 and was sent back to the House, where it passed<\/a> 396\u201313.<\/p>\n\n\n\n It will now be delivered to the Senate for final approval.<\/p>\n\n\n\n Senate Banking Committee Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.) said the bipartisan housing bill will provide relief for families nationwide.<\/p>\n\n\n\n \u201cWe worked closely with the White House and our colleagues in both chambers on a bill that puts families first and addresses the housing crisis,\u201d they said in a May 20 joint statement.<\/p>\n\n\n\n \u201cThere\u2019s still work to be done and we are committed to continuing to work with the White House and our colleagues in the House on a housing bill that can pass the Senate and get to the president\u2019s desk.\u201d<\/p>\n\n\n\n The housing industry widely lauded Congress for moving ahead with the legislation.<\/p>\n\n\n\n Shortly after the House passed the bill, the National Association of Home Builders noted that it addresses several problems facing Americans today, mainly housing shortages and affordability challenges.<\/p>\n\n\n\n \u201cThe bottom line is that the housing crisis is a supply problem,\u201d Bill Owens, the group\u2019s chairman, said in a statement.<\/p>\n\n\n\n \u201cCongress can help by improving access to capital, strengthening workforce pipelines, expanding the availability of buildable lots and reducing excessive regulatory costs and permitting delays.<\/p>\n\n\n\n \u201cIf we want to make housing more attainable, we must make it easier and less expensive to build.\u201d<\/p>\n\n\n\n Emily Cadik, CEO of the Affordable Housing Tax Credit Coalition, stated that increasing the banks\u2019 public welfare investment cap to 20 percent will \u201cunlock billions of dollars in new private investment.\u201d<\/p>\n\n\n\n \u201cAdditional changes in the updated House legislation will further strengthen our ability to finance more affordable housing to address our nation\u2019s immense need,\u201d Cadik said in a statement.<\/p>\n\n\n\n The House passing the Senate\u2019s amended version would both enhance housing supply and expand access to affordable mortgage credit, says Bob Broeksmit, president and CO of the Mortgage Bankers Association.<\/p>\n\n\n\n The legislation, he said, \u201cwill help advance meaningful housing affordability solutions for our nation\u2019s homeowners and renters.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" (Headline article below) Beyond relaxing the restrictions on the OCGFC investment funds that caused the housing price increases, they’re increasing the funding to the HOME Investment Partnerships Program with the outline of what they do below, and it looks ripe for abuse, especially involving non-profits. But we can trust the corrupt blue states? I wonder […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-17404","post","type-post","status-publish","format-standard","hentry","category-world"],"blocksy_meta":[],"featured_image_src":null,"author_info":{"display_name":"Jason","author_link":"https:\/\/jasonsblog.ddns.net\/index.php\/author\/jturning\/"},"_links":{"self":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/comments?post=17404"}],"version-history":[{"count":1,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17404\/revisions"}],"predecessor-version":[{"id":17405,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17404\/revisions\/17405"}],"wp:attachment":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/media?parent=17404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/categories?post=17404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/tags?post=17404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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The bipartisan legislative initiative aims to bolster supply for middle-class families.<\/h5>\n\n\n\n
![\"Inside](\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2025\/07\/23\/id5891699-EpochImages-6158194938-xl.jpg\")
Inside the Act<\/h2>\n\n\n\n
Congressional Path<\/h2>\n\n\n\n
![\"Chairman](\"https:\/\/www.theepochtimes.com\/_next\/image?url=https%3A%2F%2Fimg.theepochtimes.com%2Fassets%2Fuploads%2F2025%2F06%2F24%2Fid5877659-06242025-DSC01706-French-Hill-1200x800.jpg&w=1200&q=75\")
What the Industry Says<\/h2>\n\n\n\n